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Investment Highlights

  • NEIGHBORING RETAILERS INCLUDE: Kings Plaza Shopping Center, Primark, Zara, Macys, Sephora, Victoria’s Secret, Bob’s Discount Furniture, Raymour& Flani

Executive Summary

Prime mixed-use investment opportunity on Flatbush Avenue in Brooklyn, directly across from the Kings Plaza regional retail corridor. The property sits on an approximately 60' x 100' lot and benefits from exceptional visibility along one of Brooklyn’s busiest commercial thoroughfares.
The building contains retail space with supporting storage areas and additional upper-level space, offering multiple potential income streams. The location is surrounded by national retailers, major neighborhood anchors, and strong daily foot and vehicular traffic.
Investors may explore value-add potential through lease optimization, repositioning, or future redevelopment, subject to zoning and approvals. The property’s location within a highly active retail corridor and near Kings Plaza Shopping Center positions it well for long-term appreciation.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,100 SF
Building Class
B
Year Built
1987
Price
$6,181,740 CAD
Price Per SF
$409.39 CAD
Percent Leased
2%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.48
Lot Size
0.14 AC
Zoning
C8-1, Brooklyn (K2) - Heavy commercial and manufacturing uses
Frontage
60’ on Flatbush Ave

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Lower Level
  • 6,000 SF
  • Retail
  • -
  • Now

15,000 square feet total available for lease only and offered as a single unit. Ceiling heights on the ground floor and second floor are 11 feet, with the basement ceiling height at 9 feet. The space is immediately available for move in.

  • Ground
  • 4,800 SF
  • Retail
  • -
  • Now

15,000 square feet total available for lease only and offered as a single unit. Ceiling heights on the ground floor and second floor are 11 feet, with the basement ceiling height at 9 feet. The space is immediately available for move in.

  • Mezzanine
  • 4,200 SF
  • Retail
  • -
  • Now

15,000 square feet total available for lease only and offered as a single unit. Ceiling heights on the ground floor and second floor are 11 feet, with the basement ceiling height at 9 feet. The space is immediately available for move in.

Space Size Space Use Position Available
Lower Level 6,000 SF Retail - Now
Ground 4,800 SF Retail - Now
Mezzanine 4,200 SF Retail - Now

Lower Level

Size
6,000 SF
Space Use
Retail
Position
-
Available
Now

Ground

Size
4,800 SF
Space Use
Retail
Position
-
Available
Now

Mezzanine

Size
4,200 SF
Space Use
Retail
Position
-
Available
Now

Lower Level

Size 6,000 SF
Space Use Retail
Position -
Available Now

15,000 square feet total available for lease only and offered as a single unit. Ceiling heights on the ground floor and second floor are 11 feet, with the basement ceiling height at 9 feet. The space is immediately available for move in.

Ground

Size 4,800 SF
Space Use Retail
Position -
Available Now

15,000 square feet total available for lease only and offered as a single unit. Ceiling heights on the ground floor and second floor are 11 feet, with the basement ceiling height at 9 feet. The space is immediately available for move in.

Mezzanine

Size 4,200 SF
Space Use Retail
Position -
Available Now

15,000 square feet total available for lease only and offered as a single unit. Ceiling heights on the ground floor and second floor are 11 feet, with the basement ceiling height at 9 feet. The space is immediately available for move in.

Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

Club Pilates
Starbucks
Key Food
Capital One
Chase Bank
Green Leaf's & Bananas
Smashburger
TD Bank
Fit Body Boot Camp
PureGym

Property Taxes

Property Taxes

Parcel Number
08542-0060
Land Assessment
$234,288 CAD
Improvements Assessment
$1,659,797 CAD
Total Assessment
$1,894,085 CAD
  • Listing ID: 30442596

  • Date on Market: 2023-12-26

  • Last Updated:

  • Address: 2450 Flatbush Ave, Brooklyn, NY 11234

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